FINANCE / TRADE /
GENDER EQUALITY / ACCOUNTABILITY

Promoting the use of trade to scale up breakthrough trade technologies and support a just transition

Organizers: UAE Ministry of Economy, WTO, WEF

The COP28 Presidential Action agenda will bring together countries to pledge to reach a global tripling of renewables capacity and doubling of the average global rate of energy efficiency improvements by 2030. International markets can provide the scale required to reduce the cost of breakthrough technologies and climate-related goods and services; incentives to invest in innovation in renewable power generation and all the other cleantech breakthrough technologies needed to shift the global economy onto a sustainable trajectory. In addition, incentives to invest in breakthrough Al-based technologies for climate monitoring, research, mitigation and adaptation are needed to understand climate trends and inform policy decisions.

The trading system can ensure that countries without their production capacities can access all the above-mentioned breakthrough technologies as well as innovate to transition to a clean energy future. This session will bring together global leaders from the public and private sector to discuss how to use the trading system to scale up breakthrough trade technologies and support a just transition.

TWO-WEEK SCHEDULE

11 Dec
12 Dec

FINAL NEGOTIATIONS

On the final two days of COP28, there will be no thematic days to avoid extensive programming when the negotiation text is often being closed.
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10 Dec

FOOD, AGRICULTURE, AND WATER

Climate change is creating severe pressure and risks for the agri-food and water systems that underpin human wellbeing.
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9 Dec

NATURE, LAND USE, AND OCEAN

The conservation, restoration, and sustainable management of nature is integral for achieving the goals of the Paris Agreement.
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